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Comment for Proposed Rule 75 FR 75432

  • From: Kevin R. McClear
    Organization(s):
     IntercontinentalExchange, Inc.

    Comment No: 27465
    Date: 2/1/2011

    Comment Text:

    February 1, 2011

    Mr. David Stawick
    Secretary
    Commodity Futures Trading Commission
    1155 21st Street, NW
    Washington, DC 20581

    Re: Proposed Regulations on Protection of Collateral of Counterparties to Uncleared Swaps – RIN 3038-AD28

    Dear Mr. Stawick:

    IntercontinentalExchange, Inc. (“ICE”) appreciates the opportunity to comment on the Commodity Futures Trading Commission’s (“CFTC” or “Commission”) proposed rulemaking addressing the treatment of securities in a portfolio margining account in the event of a commodity broker insolvency.

    Respectfully submitted,

    Kevin R. McClear